Is Ruidoso, New Mexico a Good Place To Live? - Living In Ruidoso, NM

Is Ruidoso, New Mexico a good place to live?
Ruidoso is a city in New Mexico state in USA with a population of 7879 residents.. The poverty rate of Ruidoso is 12.2%, which is 13% lower than national average. The typical household in Ruidoso earns $43847 a year, compared to the national median of $67,500. Nearly 52.4% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Ruidoso, only 90% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Ruidoso remained 7.1%, which is 51% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Ruidoso, only 31% of adults have a bachelor's degree and 32% have some college but no degree.

Cost of living in Ruidoso is 93, which is 7% lower than national average. Median home value in Ruidoso is $204900 , which is 11% lower than national average. While median income in Ruidoso remained $43847, which is 35% lower than national average.
Population
7879
Unemployment
7.1%
51% NAT AVG.
Poverty
12.2%
13% NAT AVG.
Overall Score
6
Median Home Cost
$204900
11% NAT AVG.
Median Income
$43847
35% NAT AVG.
Median Rent
$717
38% NAT AVG.
Cost Of Living
93
7% NAT AVG.
People Living BPL
1 in 8
Unemployed People
1 in 14
People Earning < $10,000
1 in 9
People Earning < $50,000
52.4%
People with <= High School
1 in 2.7
People With Any Degree
1 in 2.4
Pros & Cons Overview

Jobs50%

Housing70%

Affordability60%

Safety60%

Amenities60%

Diversity85%

Education80%

Commute100%